08. 08. 2024 | Investors' News, Financial Results, News

Financial Results H1 2024

Financial Results H1 2024

Significant increase in financial results through organic growth and acquisitions

Flash Note – Athens, August 8, 2024 – IDEAL Holdings (“Company”, RIC: IDEr.AT, Bloomberg: INTEK GA) announces its Key Financial Figures for H1 2024:

  • Revenues increased by +269% to € 184.9 million due to the increase in IT Revenue (+65%) and the acquisition of Attica Department Stores.
  • Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) increased by +433% to € 26.1 million compared to € 4.9 million in H1 2023.
  • Comparable Earnings Before Interest, Taxes, Depreciation and Amortisation (Comparable EBITDA) increased by +293% to € 17.7 million compared to € 4.5 million in H1 2023.
  • Comparable Earnings before Tax (EBT) increased by +231% to € 9.2 million compared to € 2.8 million in H1 2023.
  • Earnings after Tax (EAT) increased by +43% to € 13.0 million compared to € 9.1 million in H1 2023.
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